RKE systems were the first form of keyless entry technology introduced in automobiles. An RKE system consists of a key fob that is equipped with a transmitter, which communicates with the vehicle through radio frequency. The receiver installed in the vehicle captures the signal, decodes it, and then instructs the vehicle door to lock or unlock. The key fobs of RKE systems are equipped with buttons that act as switches that initiate the locking or unlocking of the vehicle door when the driver pushes the button on the key fob. This was the first innovation in vehicle security systems and transformed how consumers entered or exited their vehicles. It was initially introduced in luxury vehicles but gradually entered mid-segment vehicles because of their popularity and convenience.

Analysts forecast the Global Automotive Remote Keyless Entry System Market to Grow at a CAGR Of 5.92% During The Period 2017-2021.

The report covers the present scenario and the growth prospects of the global automotive remote keyless entry system market for 2017-2021. To calculate the market size, the report present the vendor landscape and a detailed analysis of the top vendors in the market.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Global Automotive Remote Keyless Entry System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Increase in sales of automobiles especially in emerging economies adding to RKE volume.

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Market challenge

Adoption of biometric to replace keyless entry system.

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Market trend

Integration of RKE system with ignition system leading to add-on functionality.

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Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?

Exhibit 15: Automotive RKE system market in the Americas 2016-2021 (millions of units)

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